Madison Air Solutions Corporation (MAIR) AI Stock Analysis

Madison Air Solutions Corporation manufactures and sells indoor air quality products and solutions in the United States and internationally. It offers heating, air filtration and purification, air movement, and air conditioning solutions under brands including Reznor, AprilAire, Big Ass Fans, Nortek Air Solutions, and Roberts-Gordon. The company also provides related services such as custom design, installation, repair, and maintenance. It distributes through direct sales, manufacturers' sales representatives, distributors, and retail partners, serving data centers, healthcare, education, logistics, advanced manufacturing, and residential markets.

Revenue rose from $2.56B in FY2023 to $2.62B in FY2024 and reached $3.52B in FY2025, reflecting a 2-year revenue CAGR of 17.3% and 34.1% annual growth in FY2025. Gross margin expanded from 36.7% in FY2023 to 38.4% in FY2024 and 38.8% in FY2025. Operating margin was 16.4% in FY2023, 18.5% in FY2024, and 14.3% in FY2025. Net income was $58.2M in FY2023, increasing to $175.2M in FY2024 before decreasing to $30.8M in FY2025, which yielded a net margin of 0.9%. For the latest quarter ended June 30, 2026, quarterly revenue growth was 20.9% year-over-year, and quarterly earnings grew 111.9% year-over-year.

As of June 30, 2026, Madison Air Solutions Corporation held $261.8M in cash and short-term investments against total debt of $3.08B, resulting in net debt of $2.82B. Shareholders' equity was $3.65B, representing a debt-to-equity ratio of 0.84, while the current ratio stood at 1.82. In FY2025, the company generated $480.4M in operating cash flow and invested $40.6M in capital expenditures, delivering free cash flow of $439.8M.

At a last close of $23.34, Madison Air Solutions Corporation has a market capitalization of $11.71B and an enterprise value of $15.49B. The stock trades at a trailing P/E of 47.6x and a forward P/E of 20.2x, compared to the median of 24.8x and 17.2x, respectively, for its US-listed Industrials peers. Its price-to-sales multiple is 3.1x versus the peer median of 1.5x, and its EV-to-EBITDA is 19.2x versus the peer median of 13.9x. Meanwhile, the S&P 500 (SPY) returned 16.8% over the past 1 year.

Wall Street coverage consists of 8 Strong Buy, 1 Buy, and 2 Hold ratings, with 0 Sell or Strong Sell ratings. The mean price target of $38.67 represents a 65.7% premium over the last close of $23.34. For the fiscal year ending December 31, 2026, analysts estimate revenue of $3.97B and EPS of $1.05. For the next fiscal year, consensus estimates project revenue of $4.22B and EPS of $1.20, based on 8 analysts. The next earnings date is October 29, 2026.

This page is an AI-written research summary of Madison Air Solutions Corporation (MAIR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: MAIR income statement, MAIR balance sheet, MAIR key metrics, MAIR analyst forecast, MAIR chart. See the MAIR stock overview for the latest quote and news.